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AZARA 1595, ASUNCIĂ“N, PARAGUAY
Tel:
Work +595 021 200255
Fax:
Fax +595 021 229952
Email:
Web:
www.parquet.com.py

Paraguay

Banking and finance
Banking and finance - ranked: tier 3

PARQUET & ASOCIADOS

PARQUET & ASOCIADOS' banking and finance practice draws on a wealth of experience advising government entities, as well as banks and other major industry players in relation to sovereign debt, asset-based financing, syndicated loans, funds and project finance. Senior partner Javier Parquet heads a practice group that is perhaps best known for its excellent reputation in administrative and public law matters, as reflected in its finance sector cient base which includes the Paraguayan state's Central Bank, Financial Development Agency and National Development Bank. Recent highlights include advising Banco Continental on the assignment of $35m worth of debts held by 19 local pharmaceutical companies with the Ministry of Public Health. In other key mandates, the team acted as local counsel to Banco Regional in its second bond issuance under Rule 144a/Reg S for $300m. The practice also undertakes contentious matters, such as trust debt recovery and collection claims. Other clients include Banco Interfisa, Telecel, Netel, and Paraguayan chamber of financial entities, Adefi.

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Corporate and M&A
Corporate and M&A - ranked: tier 3

PARQUET & ASOCIADOS

The 'very reliable' corporate and M&A department at PARQUET & ASOCIADOS handles advice on joint ventures, acquisitions and company incorporations, among other matters. As in the finance sector, the firm's core strength in public law is an additional plus for a practice group that 'knows  what a foreign investor or player wants and how this can be accommodated according to the local rules and culture'. Javier Parquet and Daniel Artaza jointly head a practice group that recently advised regional Paranair shareholders on corporate matters including a $4m equity increase, and on Avmax's acquisition of 33% of the company's shares from Amaszonas Bolivia. The law firm is one of the founding-members of global  network ONTIER Legal and attracts both domestic and international clients such as Elecnor Deimos, ArcelorMittal and Millicom.

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Paraguay

Offices in Asuncion

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